The Fantastic Ice Cream Shoppe Sold 9 600 Servings Of Ice Cream During June For 2 Per Serving The Shop Purchases The I 1 (25.97 KiB) Viewed 13 times
The Fantastic Ice Cream Shoppe Sold 9 600 Servings Of Ice Cream During June For 2 Per Serving The Shop Purchases The I 2 (21.1 KiB) Viewed 13 times
The Fantastic Ice Cream Shoppe sold 9,600 servings of ice cream during June for $2 per serving. The shop purchases the ice cream in large tubs from the BlueBell Ice Cream Company. Each tub costs the shop $9 and has enough ice cream to fill 20 ice cream cones. The shop purchases the ice cream cones for $0.10 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $1,700 per month. The shop expenses $260 a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $2,400 of other operating expenses (75% of these were fixed costs). Read the Grament Requirement 1. Prepare The Fantastic Ice Cream Shoppe's June income statement using a traditional format. The Fantastic Ice Cream Shoppe Income Statement For the Month Ended June 30 Less Less: Requirement 2. Prepare The Fantastic Ice Cream Shoppe's June income statement using a contribution margin format
CAT DU Requirement 2. Prepare The Fantastic Ice Cream Shoppe's June income statement using a contribution margin format. ad The Fantastic Ice Cream Shoppe Contribution Margin Income Statement atic For the Month Ended June 30 cy Less: Less:
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